Regulatory Alerts2019-01-01
Decision No. 124 of 2019
The Financial Regulatory Authority issued Decision No. 124 of 2019 to amend its Board of Directors Decision No. (53) of 2018. This amendment establishes updated conditions for granting and maintaining licenses, alongside revised regulations governing share ownership for companies operating in non-banking financial activities. The decision ensures regulatory compliance and operational clarity for licensed entities within the specified financial sector.
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